Well, this is new stuff so this doesn't apply. But I've always had success listing things on eBay for a penny.
Did you ever set a reserve or just let it ride?
On eBay they charge you a bunch of money for a reserve in addition to the high fees they already charge for an auction-style listing. For an auction listing with a reserve price they charge you 11% of the final sale price.
If it's a common item (ie an ipod) it will sell for about what you'd expect.
I usually sell items at a fixed price with the "or best offer" function. The fees are significantly lower in this format.